Innovation Voucher Funding – how it works

The following flowchart helps explain the necessary steps that are undertaken to apply for Innovation Voucher funding. More information can be found under the associated FAQs and Step by Step Guide.

Business-academic partnership formed

Collaborative project defined

The business and academic complete a joint funding application

Funding application submitted by the academic partner to Interface for review

Funding application submitted by Interface to SFC for assessment/approval

Project implementation

The business and academic partner complete the final report and this is submitted to Interface/SFC by the academic partner

SFC pays grant to the academic partner